Allied Gaming & Entertainment (AGAE) has released an update to notify the public and investors about a regulation fd disclosure.
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The Company has announced the Board’s approval and adoption of a Rights Agreement, alongside a dividend distribution of the Rights. This strategic move is aimed at enhancing shareholder value and is detailed in a press release, although not filed for liability under Section 18 of the Securities Exchange Act of 1934, nor incorporated into the Company’s filings.
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For a comprehensive understanding of the announcement, you can read the full document here.